Texas Personal Lines Insurance
Exam questions with 100%
correct answers with
Rationales(GUARANTEED
SUCCESSS)
How does the mobilehome endorsement affect the other
coverage of law or ordinance in a homeowners policy? -
answer
In insurance, an offer is usually made when - answer An
applicant submits an application to the insurer
Under a personal auto policy, in which of the following
locations would a vehicle primarily garaged in California
be covered - answer Any other state
In a personal auto policy, the medical payments coverage
is similar to - answer accident insurance, because it pays
medical expenses regardless of fault
The Federal Fair Credit Reporting Act - answer Regulates
consumer reports
,For a contract to be enforceable by law, the purpose of
the contract must be - answer Legal and not against
public policy
In the personal auto policy, owned trailers being towed by
an insured auto are automatically covered for - answer
UM coverage
The amount an insurer will pay under Coverage D(loss of
use) depends on - answer The amount of coverage on
the dwelling
An insured's house is damaged by a fire and is
uninhabitable. AS a result, the insured has to rent an
apartment until repairs are made. A dwlling insurance
policy will pay for the expense of renting the apartment.
Which type of broad or special form coverage does the
insured have? - answer coverage E - additional living
expense
All of the following are supplemental payments included
in the liability section of a personal auto policy EXCEPT -
answer Up to $100 for the cost to secure the release of a
vehicle from an impoundment lot following a covered
accident
, Payment for medical expenses, loss of wages, funeral
expenses, - answer special- special damages are tangible
damages that can be specifically measured in dollar
amounts (such as out of pocket expenses for medical,
miscellaneous expenses, and loss of wages)
A policy that insures all property at multiple locations for
a single amount is referred to as - answer Blanket
All of the following statements describe the concept of
strict liability EXCEPT - answer It is imposed on
defendants engaged in hazardous activities
All of the following are conditions commonly found in the
insurance policy EXCEPT - answer Insuring Agreement
What type of information would be found in a policy's
insuring agreement? - answer Renewal Dates
An insurance contract must contain all of the following to
be considered legally binding EXCEPT - answer
Beneficiary's consent
Exam questions with 100%
correct answers with
Rationales(GUARANTEED
SUCCESSS)
How does the mobilehome endorsement affect the other
coverage of law or ordinance in a homeowners policy? -
answer
In insurance, an offer is usually made when - answer An
applicant submits an application to the insurer
Under a personal auto policy, in which of the following
locations would a vehicle primarily garaged in California
be covered - answer Any other state
In a personal auto policy, the medical payments coverage
is similar to - answer accident insurance, because it pays
medical expenses regardless of fault
The Federal Fair Credit Reporting Act - answer Regulates
consumer reports
,For a contract to be enforceable by law, the purpose of
the contract must be - answer Legal and not against
public policy
In the personal auto policy, owned trailers being towed by
an insured auto are automatically covered for - answer
UM coverage
The amount an insurer will pay under Coverage D(loss of
use) depends on - answer The amount of coverage on
the dwelling
An insured's house is damaged by a fire and is
uninhabitable. AS a result, the insured has to rent an
apartment until repairs are made. A dwlling insurance
policy will pay for the expense of renting the apartment.
Which type of broad or special form coverage does the
insured have? - answer coverage E - additional living
expense
All of the following are supplemental payments included
in the liability section of a personal auto policy EXCEPT -
answer Up to $100 for the cost to secure the release of a
vehicle from an impoundment lot following a covered
accident
, Payment for medical expenses, loss of wages, funeral
expenses, - answer special- special damages are tangible
damages that can be specifically measured in dollar
amounts (such as out of pocket expenses for medical,
miscellaneous expenses, and loss of wages)
A policy that insures all property at multiple locations for
a single amount is referred to as - answer Blanket
All of the following statements describe the concept of
strict liability EXCEPT - answer It is imposed on
defendants engaged in hazardous activities
All of the following are conditions commonly found in the
insurance policy EXCEPT - answer Insuring Agreement
What type of information would be found in a policy's
insuring agreement? - answer Renewal Dates
An insurance contract must contain all of the following to
be considered legally binding EXCEPT - answer
Beneficiary's consent
